Money Issues

COPA, working on behalf of its 18, 000 members has confirmed in telephone Discussions with the US State of Florida Department of Revenue that Canadians should have no concerns regarding the State of Florida Use Tax on Aircraft.

Recently a COPA member wrote to ask about taxes and duty on importing an airplane kit into Canada from the US. The kit plane manufacturer had told him that there are no taxes or duty for kits shipped to Canada.

A COPA member recently wrote to ask an interesting question: “I found an aircraft owner who is ready to trade me his plane and take my plane in trade. My question is can we swap airplanes without paying any taxes?”